Private Insurance Funds Record Record Investments of EGP 168.1 Billion

Private insurance funds continued to deliver strong financial and investment performance by the end of 2024, supported by strict regulatory oversight and ongoing efforts to enhance transparency and market efficiency.

Official data confirm their growing role in social protection and long-term savings in Egypt.

According to the annual report issued by the Financial Regulatory Authority, private insurance funds recorded total investments of EGP 168.1 billion by the end of 2024, up from EGP 133.7 billion in 2023, reflecting robust growth driven by improved investment policies and diversified instruments.

The report also showed that total collected contributions rose to EGP 18.6 billion from EGP 15.5 billion a year earlier, marking a 20% increase and highlighting expanding membership and rising confidence in private insurance funds.

Supportive Legal and Regulatory Framework

In 2024, the sector benefited from the implementation of the Unified Insurance Law No.

155, which consolidated insurance regulations and introduced a dedicated framework for private insurance funds, strengthening governance, supervision, and digital transformation.

Growth in Assets and Membership

The number of active funds increased to 671, while membership reached approximately 4.3 million.

Total assets climbed to EGP 195.8 billion, and reserves reached EGP 184.8 billion, underscoring strong financial positions and sustainable growth.

These indicators highlight the sector’s evolving role as a key institutional investor supporting Egypt’s economy and enhancing financial and social stability.